Highway Construction

Highway Infrastructure Ltd, which has reported a multi-fold rise in the September quarter net profit to Rs 9.7 crore, expects to execute Rs 150-200 crore worth of EPC projects and is actively bidding for new projects of around Rs 250 crore, a top company official said on Monday. The company plans to execute Rs 150Rs 200 crore worth of EPC projects over the next two years and is actively bidding for new projects worth approximately Rs. 250 crores, Arun Kumar Jain, Managing Director, Highway Infrastructure Ltd said. The September quarter witnessed a robust influx of new orders, including the expansion of toll operations with projects at Kiratpur and Muzaina Fee Plazas in Uttar Pradesh, a Greenfield Expressway in Rajasthan, and Chotiya Fee Plaza in Chhattisgarh, Jain said. The company achieved its highest-ever order book of Rs 775 crore, which provides strong revenue visibility, Jain said. The infrastructure development and management company, which has a presence in tollway collectio

NHAI has tightened bid rules to ensure only experienced contractors qualify, aiming to cut project delays, improve quality of work, and bring down costs in highway development

Union Road Transport and Highways Minister Nitin Gadkari on Friday said the government's aim is to accelerate the pace of highway construction to 100 km a day from 38 km/day at present. Speaking at the Business Today India@100 event, Gadkari said so far this year, the road ministry has awarded highways projects worth Rs 2.5 lakh crore, and by March next year, it will award highways projects worth Rs 10 lakh crore. "Currently, the pace of National Highways construction in India is 38 km/day. We aim to accelerate the pace of highway construction to 100 km a day. This is our target, whether it will happen next year, I can not say," he said. The ministry constructed 10,660 km of national highways in 2024-25, 12,349 km in 2023-24 and 10,331 km in 2022-23. Responding to the growing concern over social media about E20, rolled out by the government, is damaging the vehicle and there is no reduction in fuel cost, Gadkari rejected the claim, saying that the petroleum sector is lobbying again

New data has revealed that Britain has added just 65 miles (105 km) of motorway in the past decade, a figure that includes reclassifications rather than fresh construction

A new 67-km express highway now connects Bandikui to Jaipur Ring Road, cutting the travel distance by 20 km

Union minister Nitin Gadkari will inaugurate and lay the foundation of highway projects worth Rs 4,000 crore in Odisha on Thursday, an official release said. The Union minister for road transport and highways was welcomed by Chief Minister Mohan Charan Majhi and state BJP president Manmohan Samal upon his arrival at the Biju Patnaik International Airport here. He began his day-long tour of the eastern state by attending the Dr Harekrushna Mahatab Memorial Lecture at Ravenshaw University in Cuttack, commemorating the birth anniversary of the former chief minister. Gadkari will deliver a memorial lecture on 'Infrastructure Development and Odisha' and attend a national conference on the occasion of the 125th birth anniversary of Mahatab. The Union minister will visit the World Skill Centre here in the afternoon, the release said. He will inaugurate and lay the foundation stone of 19 national highway projects worth Rs 4,000 crore during a public meeting at Baramunda Maidan here around

He said the Centre is working to transform the country's infrastructure drastically in the next two years so that it matches the best in the world

Around 95 pc of the four-lane Highway project from Kaliabor to Numaligarh, which included the Kaziranga National Park (KNP), has been completed

The total value of these projects is between Rs 1,000 crore and Rs 2,500 crore, covering the construction of high-rise luxury residential towers across three metros

Construction of the 5.9-kilometre, six-lane elevated road was initially conceived in 2012 to alleviate traffic congestion between Noida and Delhi. However, the project has faced many setbacks

The National Company Law Appellate Tribunal (NCLAT) has ordered an interim payment of 75 per cent of the total amount deposited in an escrow account to lenders of Baleshwar Kharagpur Expressway Limited (BKEL), promoted by IL&FS Transportation Networks Ltd (ITNL). Passing an order over the plea filed by the State Bank of India, NCLAT said it failed to see any reasonable grounds for not taking any decision by the Board for an interim distribution, as per the Concession Agreement and the Escrow Agreement. "Interim distribution shall be made to the lenders of 75 per cent of the amount lying in the escrow account as per the Escrow Agreement," said NCLAT in its order. The balance amount is to be used for operations, maintenance and other payments. However, it added: "Lenders shall also give an undertaking for a refund of the amount received, in the event ultimately, it is found that they were not entitled to the extent of the amount received by them." SBI had requested the NCLAT to ...

Maharashtra Chief Minister Eknath Shinde on Monday visited sites in Raigad district to review the pending work on the Mumbai-Goa Highway ahead of the Ganesh Chaturthi festival. The visit has come a week after Shiv Sena leader Ramdas Kadam called BJP leader and Maharashtra PWD Minister Ravindra Chavan a useless minister over the poor state of the highway. Talking to reporters, Shinde said, "We have used four types of advanced technology to repair potholes and damaged stretches of the highway. This will minimise inconvenience for people travelling to their villages in the coastal districts for the Ganesh Chaturthi festival." Officials of the NHAI, MSRDC, and PWD, among others, have conducted an in-depth study of the issues on this highway and devised effective solutions, he said. Shinde said, "Union Minister for Highways Gadkari took a keen interest in the highway and gave loans to contractors, but some of them ignored the work, and due to their lethargy, we have to face this precari

The objective of the appointment is to streamline the awarding and construction processes for highways by improving land acquisition procedures, according to a report

Highway ministry said it has deliberated on 100-day plan for new government

These projects encompass bridges and over-bridges across the 75 districts of the state. Of the proposed Rs 45,000 cr, the public works department (PWD) will spend nearly Rs 34,000 cr, or 75 per cent

"Of the total awards of 12,300 kilometres by the National Highways Authority of India in FY22 and FY23, 20 per cent continue to await an appointed date for more than one year," CareEdge said

Construction of highways in February stood at 1430 km in February, which is higher than the 1260 km it had achieved in February 2023, but shy of what the Centre had expected

Union Minister Nitin Gadkari on Tuesday said the Centre has sanctioned an allocation of Rs 6,621.62 crore for construction of the ambitious frontier highway in Arunachal Pradesh. The allocation has been made for the construction of eight packages on National Highway 913 (Frontier Highway), transitioning to an intermediate lane configuration using the EPC mode, the minister said. The project spans a total length of 265.49 kilometres. Encompassed within this initiative are packages 1, 3 and 5 covering the Huri-Taliha section, two packages addressing the Bile-Migging section, packages 2 and 4 managing the Kharsang-Miao-Gandhigram-Vijaynagar section, and package 1 focusing on the Bomdila-Nafra-Lada section, the transport minister said. The development of these highway stretches holds promise for enhanced connectivity to border areas, fostering socio-economic growth in the state, he said. The construction of the frontier highway is anticipated to curb migration and facilitate reverse .

Road Secretary Anurag Jain says capacity augmentation, lane widening will touch a record high in FY24

Centre has awarded only 3,481 km of projects in FY24 which is nearly 60% lower than last year and 35% of its target